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SOLD STC

Nobottle, Northamptonshire, NN7

Guide Price
£775,000

£156.98 per sq ft

Business rates & charges may apply

Berrys Commercial, Towcester
SIZE AVAILABLE

4,937 sq ft

459 sq m

SECTOR

Office for sale

Key features

  • Rarely available, freehold, income producing opportunity on the outskirts of Northampton.
  • Office buildings around a central courtyard with large rear car park which has been recently extended.
  • Accommodation of 4,937 sq. ft. (458.67 sq. m.) on a site of 0.77 acres.
  • Passing annual rent of £48,800 per annum exclusive with one unit vacant.
  • High specification finishes to all offices.
  • Freehold for sale at a guide price of £775,000
  • Easily accessible to the A4500, Junctions 15A and 16 of the M1 and Northampton.

Description

Green Lodge Barn comprises single storey and two storey barns which were converted many years ago to office use. The buildings are set around an attractive central courtyard with entrances to each of the four office units from this area. The buildings are constructed of stone walls with pitched and slate tile covered roofs.

Each office unit has a good specification and its own WC and kitchen facilities. There are meeting rooms, character features, perimeter trunking, carpeted floors, data cabling and attractive vaulted ceilings to parts.

To the rear of the courtyard buildings is a part tarmac part gravel car park which has recently been extended and provides ample parking for all occupiers.

Location

The property is situated to the east of the small hamlet of Nobottle and on the western outskirts of Duston in a rural location approximately 4 miles to the west of Northampton town centre. Junctions 15A and 16 of the M1 motorway are approximately 3.5 miles and 4.5 miles south and the A5 Watling Street at Weedon is some 7 miles distant. miles west. Green Lodge Barn has an enviable setting surrounded by open countryside.

Accommodation

The site comprises an overall area of 0.77 acres. The buildings provide the following approximate net internal areas: Unit 1 - 949 sq. ft. (88.13 sq. m.) Unit 2 - 1,031 sq. ft. (95.85 sq. m.) Unit 3 - 2,183 sq. ft. (202.83 sq. m.) Unit 4 - 774 sq. ft. (71.86 sq. m.) Total - 4,937 sq. ft. (458.87 sq. m.)

Services

We understand that the property is connected to mains electricity and water. Drainage is to a septic tank. These services have not been tested by the Agent. There is fibre broadband available on site.

Tenure and Price

The freehold interest under Title Number NN245071 together with part of NN222816 is all available for sale at a guide price of £775,000 subject to the individual tenancy agreements.

Service Charge

Each tenant constributes towards a service charge which covers insurance, maintenance, cleaning and repair of common areas. More information available on request from Berrys.

Tenancies

The property is subject to the following tenancies and rents: Unit 1 - Vacant. On the market at £15,000 per annum. Unit 2 - Commenced 12th February 2025. Expiring 11th Feburary 2028. Let to Sarah Walker. Rent at £12,800 per annum. Deposit held of £3,000. Unit 3 - Commenced 17th May 2024. Expiring 16th May 2029. Let to Protest Compliance Group Ltd. Rent at £25,000 per annum. Deposit held of £5,000. Unit 4 - Commenced 15th April 2024. Expiring 14th April 2027. Let to Wayman Architect Ltd. Rent at £11,000 per annum increasing to £12,00 per annum 15th April 2025. Deposit held of £3,000.

Wayleaves, Easements and Rights of Way

The property is sold subject to any wayleaves, easements or Rights of Way whether expressly referred to in the particulars or not. The adjoining landowner is responsible for: a.) erecting and maintaining a 1.8m fence around the boundary in accordance with their planning permission b.) demolishing the agricultural buildings on the eastern edge of the access road. c.) connecting the property to mains drainage at their expense.

Planning

All units forming part of the property has planning consent for Use Class ‘E’ of the Town and Country Planning (Use Classes) Order 1987 as amended.

EPCs

The units have the following EPC’s: • Unit 1 – D (79) • Unit 2 – D (83) • Unit 3 – C (59) • Unit 4 – C (62) Please contact the agent for more information.

Business Rates

The property has the following Rateable Values in the 2023 ratings list: • Unit 1 – £10,500 • Unit 2 – £10,250 • Unit 3 – £19,750 • Unit 4 – £8,200

VAT

All figures are quoted exclusive of VAT at the prevailing rate. We are informed by our client that VAT is payable on the purchase price.

Legal Costs

Each party is to bear their own legal and professional costs.

Viewing

Strictly by appointment only. Please contact the agent on the details below.

Brochures

Nobottle, Northamptonshire, NN7

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Northampton Station3.3 miles
  • Long Buckby Station5.3 miles

About Berrys Commercial, Towcester

Oak House, 32 Ashby Road, Towcester, NN12 6PG

Our commercial team provides national coverage across a wide range of property and business disciplines.

By combining the technical knowledge of our building consultancy and lease advisory teams with the market expertise and local contacts of our commercial sales and lettings professionals, we are able to provide strategic, knowledgeable advice for you and your commercial property.

Contact us today to see how we can help you maximise your asset.

Notes

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